The exclusive control of a supply or shade. Monopolies used to be granted by the monarch to an individual as a way of rewarding that individual, or for a handsome sum.
Monopolies
Fact of the Day
The name 'Plantagenet' probably comes from the sprig of broom (planta genista) Henry II's father Geoffrey used to keep in his helmet.
Quote of the Day
"The men who really believe in themselves are all in lunatic asylums.
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~ GK Chesterton
On This Day
1787 The 'First Fleet' of 11 ships carrying convicts to Australia left England.
1888 Slavery was abolished in Brazil.